Automation Opportunities in the Space Industry

Industrial Automation Automation Opportunities in the Space Industry

Adoption of Industry 4.0 Technologies to Play a Key Role in the Rapidly Evolving NewSpace Economy


RELEASE DATE
06-Oct-2023
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
K8EF-01-00-00-00
SKU
IA_2023_202
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Automation Opportunities in the Space Industry
Published on: 06-Oct-2023 | SKU: IA_2023_202

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NewSpace is the emergence of the private space industry. Space is no longer the sole domain of government space agencies and large aerospace and defense companies. The space industry is undergoing several important transformations enabled by technology advancements and increased investments. Robotics, AI, ML, and additive manufacturing/ 3D printing play essential roles in launch vehicles, on-orbit servicing and assembly, exploration, satellite systems, and geo-intelligence/Earth observation. These automation technologies help with manufacturing and operations of the different sectors of the space ecosystem.

High efficiency and cost reduction, improved/advanced design, reusability, accelerated time to market, actionable insights, and optimization enabled by automation make space easily accessible to everyone and allow successful missions. Among the different sectors, current satellite systems present the biggest wave of opportunities for automation.

Author: Sankara Narayanan Venkataramani

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Automation Opportunities in Space Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Industry 4.0 Technologies for Space and an Introduction to Automation Opportunities in the Space Industry

The Space Ecosystem

The Space Ecosystem (continued)

The Space Ecosystem (continued)

Market Trends—Space Automation

Market Trends—Space Automation (continued)

Market Trends—Space Automation (continued)

Market Trends—Space Economy

Market Trends—Space Economy (continued)

Growth Drivers

Growth Restraints

The Changing Space Economy

Enablers of Space Industry Automation

Building a New Space Economy Through Technological Advancements

Building a New Space Economy Through Technological Advancements (continued)

Building a New Space Economy Through Technological Advancements (continued)

Building a New Space Economy Through Technological Advancements (continued)

Building a New Space Economy Through Technological Advancements (continued)

Building a New Space Economy Through Technological Advancements (continued)

Declining Costs of Space Launches

Propelling Space Exploration with AM/3D Printing

3D-printed Rockets and 3D-printed Orbital Launch Vehicles

Propelling Space Exploration with AM/3D Printing

Propelling Space Exploration with AM/3D Printing (continued)

Space Robotics—Sophisticated Robotics Systems Required for NASA's Gateway

On-orbit Servicing, Assembly, and Manufacturing 2 (OSAM-2)

On-orbit Servicing and Assembly—Exploration Rovers

Technological Advances—Enable Transformative Space Manufacturing with Improved Design

Lower Costs—Frequent Launches, Long-term Missions, R&D, Manufacturing, and Space Habitation

Scalable, Affordable, and Autonomously Assembled Space Structures

AM/3D Printing in Space

Autonomous Systems and Robotics Enabling Current and Future Space Exploration Missions

Increasing Number of Space Programs Involving Robotics Encouraging Companies to Develop New Robotics Technology

Increasing Number of Space Programs Involving Robotics Encouraging Companies to Develop New Robotics Technology (continued)

Increasing Number of Space Programs Involving Robotics Encouraging Companies to Develop New Robotics Technology (continued)

Increasing Number of Space Programs Involving Robotics Encouraging Companies to Develop New Robotics Technology (continued)

Increasing Number of Space Programs Involving Robotics Encouraging Companies to Develop New Robotics Technology (continued)

Satellite Systems—The Need to Optimize and Speed Up Processes

Satellite Systems—The Need to Optimize and Speed Up Processes (continued)

3D Printing in the Space Industry—Faster, Cheaper, and Safer Production

3D Printing in the Space Industry—Faster, Cheaper, and Safer Production (continued)

3D Printing in the Space Industry—Faster, Cheaper, and Safer Production (continued)

AI/ML in Geo-intelligence Operations

AI/ML in Geo-intelligence Operations (continued)

AI and ML in the Space Industry

Space Agencies Using AI/ML

Space Agencies Using AI/ML (continued)

Congestion in Space Driving Sustainability

Companies Enabling Greater Sustainability Within the Space Sector Using Innovative Methods (continued)

Companies Enabling Greater Sustainability Within the Space Sector Using Innovative Methods (continued)

Growth Opportunity 1: Constellations Becoming a Reality, Satellite Systems Presenting Biggest Opportunities for Automation

Growth Opportunity 1: Constellations Becoming a Reality, Satellite Systems Presenting Biggest Opportunities for Automation (continued)

Other Opportunities for Automation in the Space Industry

List of Exhibits

Legal Disclaimer

List of Figures
  • Automation Opportunities in the Space Industry: Growth Drivers, Global, 2023–2027
  • Automation Opportunities in the Space Industry: Growth Restraints, Global, 2023–2027

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NewSpace is the emergence of the private space industry. Space is no longer the sole domain of government space agencies and large aerospace and defense companies. The space industry is undergoing several important transformations enabled by technology advancements and increased investments. Robotics, AI, ML, and additive manufacturing/ 3D printing play essential roles in launch vehicles, on-orbit servicing and assembly, exploration, satellite systems, and geo-intelligence/Earth observation. These automation technologies help with manufacturing and operations of the different sectors of the space ecosystem. High efficiency and cost reduction, improved/advanced design, reusability, accelerated time to market, actionable insights, and optimization enabled by automation make space easily accessible to everyone and allow successful missions. Among the different sectors, current satellite systems present the biggest wave of opportunities for automation. Author: Sankara Narayanan Venkataramani
More Information
Deliverable Type Market Research
Author Sankara Narayanan Venkataramani
Industries Industrial Automation
No Index No
Is Prebook No
Keyword 1 Space Industry Robotics Market
Keyword 2 Space Industry Digital Transformation
Keyword 3 Robotics in Space Exploration
List of Charts and Figures Automation Opportunities in the Space Industry: Growth Drivers, Global, 2023–2027~ Automation Opportunities in the Space Industry: Growth Restraints, Global, 2023–2027~
Podcast No
WIP Number K8EF-01-00-00-00